Market Summary

Richfield, Hennepin County, MN

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Median Home Price Price

$326,343 $326.3K

Median Monthly Rent Rent

$1,537 $1.5K

GRM

18.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Hennepin County

Region Price Rent GRM Display
$314,196 $1,965 13.0x
$409,558 $1,525 22.0x
$342,862 $1,526 19.0x
$329,955 $1,525 18.0x
$297,534 $1,522 16.0x
$313,340 $1,890 14.0x
$752,805 $1,543 41.0x
$288,052 $2,084 11.0x
$286,608 $1,523 16.0x
$302,471 $1,525 17.0x
$363,706 $1,520 20.0x
$484,208 $1,520 27.0x
$353,494 $1,960 15.0x

Home prices

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Monthly rent

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GRM

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Similar markets within MN outside of Hennepin County

Region Price Rent GRM Display
$332,201 $1,540 18.0x
$385,205 $1,868 17.0x
$472,934 $1,544 25.0x
$185,375 $712 22.0x
$376,028 $1,644 19.0x
$389,655 $1,550 21.0x
$444,261 $1,549 24.0x
$580,043 $1,536 31.0x
$320,145 $1,380 19.0x
$318,981 $1,430 19.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of MN

Region Price Rent GRM Display
$462,912 $1,520 25.0x
$288,986 $1,425 17.0x
$481,673 $1,445 28.0x
$420,896 $1,410 25.0x
$333,933 $1,510 18.0x
$143,359 $1,078 11.0x
$417,230 $1,481 23.0x
$293,268 $1,261 19.0x
$158,090 $1,049 12.0x
$317,357 $1,492 18.0x

Home prices

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Monthly rent

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GRM

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Richfield

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Trend Insights

Median Rent in Richfield, MN is $1,537, with MoM change +$14 and YoY change +$90 pointing to positive momentum while volatility is low (std $21).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Richfield, MN.

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Metric
Base market Richfield, MN
Compare market Select a market
Delta vs base
Median rent
$1,537
N/A
Median price
$326,343
N/A
YoY change
+$90
N/A
Price-to-rent
17.7x
Data unavailable
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